Ted Cruz Demands $200B Tax Cut Without Congress Ahead of 2026

Mar 03, 2026

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Why Ted Cruz grabbed a shovel after falling into a ditch

Republican Sens. Ted Cruz of Texas and Tim Scott of South Carolina are urging the Treasury Department to approve a roughly $200 billion capital gains tax cut without congressional approval, escalating a debate over executive power and election-year economics.

The move comes as Republicans work to strengthen their economic message ahead of the 2026 midter…

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